8546 Graham Ter - Apartments FOR SALE


Santee, CA 92071
$8,400,000 USD
858-531-8226
8546 Graham Ter, Santee, CA for Sale
$8,400,000 USD
Apartments - FOR SALE
1/11
null | 4.28% Cap Rate

8546 Graham Ter
Santee, CA 92071


HIGHLIGHTS

  • BBQ area
  • Pool
  • Majority 2bed 2 ba

OVERVIEW

South Coast Commercial is pleased to present Graham Terrace Apartments, a 28-unit multifamily investment located in the supply-constrained Santee submarket of East San Diego County. Comprising a mix of one and two bedroom units, the property is situated within a well-maintained, gated two-story community and offers stable in-place occupancy supported by consistent rental demand. Value add investment with upside in rental growth through improved management and renovation of units to today's market standards. With close proximity to shopping, dining, and outdoor recreation including Mission Trails Regional Park.

FOR SALE DETAILS

PRICE

$8,400,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

28

PRICE/UNIT

$300,000

CAP RATE

4.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Casa de Mesa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

R14

APN/PARCEL ID

383-111-34

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
858-531-8226

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Brian NelsonSouth Coast Commercial, Inc.More Info
858-531-8226

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.